Date
17 February 2018

Markets

  • US regulator seeks Mead Johnson China documents, WSJ says

    Oct 25, 2013 6:27am
    Infant-formula maker Mead Johnson Nutrition Co. said it is being asked by United States securities regulators for documents relating to certain business activities of a subsidiary in China, the Wall Street Journal reported Thursday. The US maker...
  • New Ray Medicine to cap gearing ratio at 20%, chairman says

    - Oct 24, 2013 7:12pm
    Pharmaceutical distributor New Ray Medicine International Holdings Ltd. (08180.HK) aims to cap its gearing ratio at 20 percent, following a jump in the ratio during the last two years.  The company said the liability ratio has...
  • HSI continues decline amid rate concerns

    Oct 24, 2013 5:05pm
    Hong Kong shares continued their decline for the fourth straight day on Thursday as investors worried over rising interbank rates. Despite news that manufacturing activity in the mainland is improving, the benchmark Hang Seng Index fell 164 points to...
  • Property market was among the key engines that drove China's economic rebound in the third quarter. Photo: Reuters

    China emerges from economic trough, but road ahead still bumpy

    - Oct 24, 2013 9:22am
    China’s economic growth gathered speed in the third quarter, but it’s not necessarily a great achievement to brag about. The growth rate of 7.8 percent was achieved mainly because of the mini-stimulus measures launched by the...
  • HSI slumps over 300 points as telecom plays nosedive

    Oct 23, 2013 5:04pm
    Hong Kong’s benchmark index surrendered early gains to close below 23,000 points on Wednesday as investors sold off small-cap mainland stocks amid concern over their high valuations. Information technology and telecom stocks were hit hardest. The Hang...
  • Mainland bank plans HK listing, WSJ says

    Oct 23, 2013 6:55am
    Bank of Chongqing Co. will begin selling an initial public offering of up to US$591 million in Hong Kong Wednesday, in the first listing by a Chinese lender in almost three years, the Wall Street Journal...
  • Alibaba in talks with London bourse after HK snub, SCMP says

    Oct 22, 2013 6:43am
    Alibaba is considering a London listing as part of its potential US$15 billion share-sale plan, the South China Morning Post reported Tuesday, citing unnamed sources. Senior executives at the firm met British officials during last week’s visit...
  • Hutchison considers retail IPO, WSJ says

    Oct 21, 2013 6:46am
    Hutchison Whampoa Ltd. could launch one of the world’s biggest recent public offerings after it failed to get the price it wanted for its Hong Kong supermarket chain, the Wall Street Journal reported Sunday. Li Ka-shing’s flagship...
  • An anonymous cartoon clip of Xi Jinping's rise to power has gone viral.

    WEEKENDER: Xi in limelight as November plenum nears

    - Oct 18, 2013 5:28pm
    Chinese leader Xi Jinping {習近平} has come under the public limelight this week amid a blitz of publicity on the 100th anniversary of the birthday of his late father, Communist Party elder Xi Zhongxun {習仲勛}, on...
  • Poly auction unit plans to shift IPO to Hong Kong, SCMP says

    Oct 18, 2013 11:14am
    The culture and auction business unit of state-owned conglomerate Poly Group is preparing for listing in Hong Kong after abandoning its initial public offering in Shanghai amid regulatory uncertainties in the mainland, the South China Morning...
  • PBoC halts open market operations amid credit pressures

    Oct 17, 2013 12:42pm
    The People’s Bank of China (PBoC) suspended its regular open market operations on Thursday after saying the country faces credit expansionary pressures amid large inflows of capital. The central bank didn’t sell any bills, repos or...
  • The real boom in Shanghai’s free trade zone

    Oct 17, 2013 8:07am
    There are high hopes among many for the trade and financial reform benefits to stream from the Shanghai free trade zone (FTZ). There are also serious doubts about whether the country can take the hits of...
  • China dreams big in ASEAN

    - Oct 16, 2013 3:44pm
    Chinese leaders are busy. (I’m 100 percent serious, and not joking about Network News, the primetime news program of state broadcaster China Central Television. The program’s three segments, viewed as a political barometer, has been a...
  • Say goodbye to one country, two systems

    - Oct 16, 2013 1:40pm
    Three decades ago, as China negotiated with Britain over the future of Hong Kong, paramount leader Deng Xiaoping proposed that Hong Kong’s capitalist system and way of life remained unchanged for 50 years after the handover....
  • Free TV licensing draws mixed market reactions

    Oct 16, 2013 10:39am
    The market gave mixed reactions on Wednesday to the outcome of Hong Kong’s free television service licensing. Two winners, namely i-CABLE Communications Ltd. (01097.HK) and PCCW Ltd. (00008.HK), surged 11 percent and 57 percent, respectively, in early trade....
  • New foreign-funded firms down 12.7% in 3Q, govt says

    Oct 16, 2013 8:34am
    The number of newly registered foreign-funded companies in China fell 12.73 percent to 9,100 in the third quarter from a year earlier, according to data released Tuesday by the State Administration of Industry and Commerce (SAIC)....
  • China’s rising tourism tide lifts Genting cruises

    Oct 9, 2013 8:19am
    The mass migration across China over the National Day “golden week” has become something of an annual rite, releasing an outpouring of tourism spending. During the weeklong break this year, about 31.25 million mainland Chinese packed...
  • Xi Jinping took fresh initiatives to boost ties with the Asean nations

    WEEKENDER: Not all quiet for top leaders over long holiday

    - Oct 4, 2013 4:29pm
    As the 1.3 billion Chinese people celebrated the “golden week” National Day holidays with a plethora of activities, the Communist Party leadership lost no time in taking big strides on various fronts, preparing for the upcoming...

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